A recent report by DrivingGrowth.org shows that fuel efficiency is a driving force behind increases in automotive jobs in the U.S since 2009 when the industry bottomed.
Auto manufacturers added 165,100 jobs since 2009. Auto dealers have also added another 71,500 jobs since then. High fuel efficiency vehicle models have more than doubled during that same period of time, from 28 to 60. Federal vehicle fuel economy rules are one week away from being implemented, bolstering the push for fuel efficient vehicles.
“Setting strong fuel efficiency standards means we are sending more of our energy dollars to the Midwest, not the Middle East” said Tiffany Ingram, Midwest advocacy director for the Natural Resources Defense Council. “Global automakers are now sourcing their most advanced, high-tech manufacturing here in the United States, creating a more sustainable and secure future for U.S. industry and U.S. workers.”
The push for fuel efficient cars has transcended to consumers and auto finance companies are sure to be issuing more car loans for the gas saving vehicles. According to a recent Harris Poll, more Americans are considering putting money towards a hybrid vehicle over a combustion engine vehicle.
The survey showed that 32 percent of car owners report they are interested in purchasing a hybrid car, up from 23 percent a year ago.
via Auto Finance News.